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/dollar, 11.6236. euro/dollar, 1.3166. kind of where we were yesterday. asian markets in china and japan will be catching up on news on the u.s. fiscal cliff deal. we'll get december sales figures from japan's retailing. the owner of stores are set to release its q1 earnings today. samsung electronics is expected to post its q4 earnings guidance. that's all on the agenda in asia. but what investors are to do with what we've got so far this year? joining us now, nicholas. these are the classic risk off day yesterday. how do you categorize it and what it means for -- >> well, i mean, obviously, you know, i think it's important to be clear that this was a rally not based -- based not on what the deal did, but what the deal undid. clearly, the good news is that the u.s. americansfully avoided an even bigger fiscal issue. but, you know, i think clearly it shows how low we've actually sunk in the realm of investors expectations when the markets are actually rallying on essentially muddling through. and this is a well trodden path. it's a fairly familiar tale. and we've obviously seen it in the
news, we'll get to that. reaction to the economics in the euro, as you were. >> a reminder, europe can be somewhat close to zero this year, output same as last year, maybe down if we get a decent follow in from the states, maybe clawing back to zero. with the gap between the two, the divergence is the greatest that i've seen since the start of the euro in the '90s. so this is not improving. >> economic divergence is great. market performance is something entirely different. >> yeah. money has to go somewhere. investors, investors around the world are looking for yield. the u.s. investors are looking for yield most of all. they sell the dollar, they buy stuff with yield. this morning, if -- if italian government debt has more yield than other things, then apparently that's just the job. so the euro is likely to go up to 1.34 against the dollar in this move. dollar/yen higher, equities higher. a risk on morning without anybody overthinking it. >> exactly. with the yields being slightly lower than they were this morning as part of that move. the house of representatives passing a bill lat
of the euro currency. boy, we went from basically trading a 133, now to trading 131, and today is a big down day. one market that actually is getting a little bit of a breath, but nothing on the scale of what the dollar and some of the other currencies are gaining on the euro, the dollar/yen. the yen has improved marginally today. but we're still on 87 handle on the dollar versus the yen. you want to pay attention to foreign exchange. we still have some other data today. the minutes we'll get later will be scrutinized, especially considering, you know, federal reserve and how it figures into a post-cliff presealing debate. >> i'm glad you brought up the euro. dennis gartman did that earlier this morning and we didn't talk about it at the time. what do you think is happening? why has the euro turned around here? >> well, to me, i think that what the euro represents, or what the relationship between the euro and other currencies represent continues to be exaggerated by shifts in the ultimate dynamics of trying to score the economy. then you had in the big position growth that we've seen, and t
about? >> yeah. it was guilts. booms also going. the dollar, $1.33 verse you the euro and 88 on the yen. finally, gold was up significantly yesterday. it's falling back a little today, down about four points. >>> now time for the global markets report. ross westgate standing by in london. mr. westgate, how are you this morning? >> hey. we're good. thanks very much. as you just saw joe point out, softer here. we have bounced off the session low a short while ago. and the german economics ministry talking about the forecasts for germany, as well. just helping us bounce off that primarily, saying, yes, we've had a weak fourth quarter. will be weak at the beginning of the year. they're expecting a much stronger rebound toward the end of 2013. so the footse 100 was down .5, currently down .3. down .3 for the xetera dax, down .1 as is the french market, ibex down .3%. the euro/dollar, we had an interview with ewald nowotny, the austrian central bank governor. member of the ecb governing council, as well. you see the spike -- we had the session chart, what i was looking for. you would have see
, problems are being addressed. mario groggy vowed to underwrite the euro, whatever it takes -- mario draghi. the esm is up and running with the far wall and there is a move toward banking union. yet across europe, forecasters see little sign of an economic fall. nine of the 17 states will fill the chilling effects of recession. even here in germany, prospects for growth look pretty frigid. elsewhere, it will be much worse. unemployment is growing with all the anger and desperation it brings. in italy, they are taking a plunge, too. a wobbly economy further threatened by elections in february and the prospect of an unlikely political comeback. here in the u.k. there are still fondly remembering the specter of the queen's jubilee and they successfully stage olympics. but good economic news is hard to find. >> there is really nothing much on the horizon that makes you feel optimistic. it will be a sort of groundhog year for the u.k. economy, much the same as 2012. >> many saw 2012 as being the year european currency unraveled. in 2013, they will struggle with political and social cuts of auste
? >> pmi, the best rating in a while. the euro weakening against the u.s. dollar, watch thanksgiving yesterday, continues to trend today. there is a bid to safety in today's session. i hate to use that phrase you to put it simply, the safe havens out there as we are staring down the barrel dealing with the debt ceiling and spending cuts. >> i thought they would have a tailwind rather than a headwind on currency. not in sync with a bullish picture, got to understand that one of the great reasons we have been able to have a good run, the dollar getting weaker. and also, unless people are short today, i know people are short, nordstrom's very heavily, short target, short gap, that is the only thing really going up. the mean time, i keep pointing out these dollar stores, they are horrendous today. family dollar really terrible. >> family dollar down 12%. >> you have nordstrom going higher, family dollar going lower, people felt that maybe the dollar stores would catch a bid and nordstrom would have weakness because of the high-end consumer being worried that clearly has not been the case
to the opening bell. we're watching also outside of equities a big move in the euro u.s. dollar up 1%, which is a huge move for the currency markets. we're also watching oil. oil also up by about a percent or so on the back of the very good china export data that came in overnight. >> nigerian barges out there with huge cargos as i'm trying to rationalize how is it that o oil -- we're paying so much for gasoline. >> mineral exploration company based in vancouver. owner and operator of fitness clubs in the northeast. up pretty much across the board. just jumping out at me, intel, hewlett-packard and dell still stringing together pretty nice gains. hugh let hewlett-packard up. very fascinating report out yesterday, we had tony on last night on fast talking about the sum of the parts analysis. if hp breaks up or just realized to its full potential under meg whitman, $29 a share is what he's pegging some of the parts analysis at. >> when you pronounce something dead, whether sprint versus verizon and at&t versus clearwire, what we discover is there's a resilience even to companies that we basica
to use their credit cards or debit cards or take euros out of the atms because there are concerns about the banking practices at the vatican and so concerns that there might be lack in oversight. >> is it lax in oversight or something naughty? >> well, the concern here is that there might be something naughty that they are not complying withstandards for money laundering protections. there have been two reports, one from an independent group and one from the group of italy saying the practices are not up to snuff. remember the vatican is the home to the catholic church which is an organization of over a billion people. when the pank is moving money they are often moving enormous sums of money. one thing was a 20 million euro transaction. for the vatican that is something that happens on a fairly regular basis that they are moving enormous sums of money between the churches. it got flagged. international protections were not in place to keep the money safe. the pope said we are going to fix this but they are still not there yet and the bank of italy said as of january 1 no more credit ca
.s. this was really a global move. the euro, though, fell off a mini cliff of its own. a little more detail coming up. >> we'll see kelly evans in just a bit. here's another big story brewing. >> reporter: a brutal political battle today over hurricane sandy aid for hard-hit new york and new jersey. i'll bring you all the tough rhetoric when we come back. >>> and yet another big story brewing for tomorrow. john boehner, he could be facing a real challenge for his job speaker of the house. ace acosta is all over this story. "the kudlow report" begins right now. >>> back to the rally on the streets today. that is the total sizzle story. check out these numbers. in case you missed it, dow added 308 points. nasdaq up 93. s&p 500 surging 36. cnbc's kelly evans joins us with all the details. good evening, kelly. >> larry, good evening, from down here at the stock exchange where you practically would expect streamers and champagne. the kind of day we had to put in in context, the likes of bill gross saying he sees stocks up 5% for the year, we did 60% of that in the first trading day. a lot of people are po
at the grocery store. also the euro hitting an 11 month high against the dollar, a possibility of an interest rate cut in europe fades. euro hit an intraday high of $1.34, jumping 2.5% against the greenback. sandy? sandra: we're also watching dell shares. this is the big story. especially after trading we're still going to continue to watch this stock. the stock soaring today, reports surfacing that it is in talks with private equity firms over a potential buyout. david: joining us now is williams financial group director and research in equity capital markets is joining us by phone. first of all, is it going private and if so, how much >> you know, david i can't say if it's going to go private or not. we definitely get some specifics at least in some private equity being named, but whoever leaked something like this, if it is true, just cost somebody a little over 2 billion dollars today, so if it was going to go private, it could have done so much cheaper. sandra: i want to focus on the fact that the stock has taken a major hit over the past year, the past six months, it's up 28%, it has re
politics but on what is right for the country. the one thing that hopefully the new euro focus on is putting a package like this to gather. with less scare tactics. we are able to come together as democrats, republicans to cut spending and raise revenue that reduces our deficit, protect for middle- class and provides avenues for people that are willing to work hard. for the investments that are necessary to grow, compete and we can settle this debate. or at the very least not have it be consuming all the time that it stops to our host of creating and meeting challenges for immigration, infrastructure, protecting our planet from harmful climate change, and protecting our children from horrors of gun violence. it is not just a possibility, it is our obligation for future generations. our work look forward to meet with each member of congress to meet this challenge in the new year. i hope that some people would get a couple of days off so that people can refresh themselves because we're going to a lot of work to do in 2013. thank you, everybody and happy new year. >> catherine: pr
now. deposits flood into their economy. it is very well-capitalized. euro is let cheaper than it would be without all these problems. they have companies north of the border bern fitting from this situation. lori: at no time, s&p at end of the-year high single digit submits. >> we think high single digits. 1500 is a good target. could be volatile to a path getting there. lori: steve, thanks. come back soon. melissa: the house overwhelmingly approved $9.7 billion in aid to pay for flood insurance claims from owners and businesses from your canned sandy. it was two months since the storm was hit. after it was originally delayed by house speaker john boehner my tri-state decision and it was moved to this morning. the bill placed won by 354-67 is expected to pass the senate with no problems. it will give more authority for the national flood insurance program to pay out over 100,000 claims. an additional vote is expected on january 15th whether to provide additional aid to cities and towns affected by the storm and some beyond those affected people would argue but we'll see. >>> uncertaint
in the best euro sales since 2007 so we will dig deeper into those december sales next and see what is ahead for the industry in this new year. melissa: we have some breaking news. john boehner received enough votes to be reelected as speaker of the house. let's go to peter barnes on capitol hill. he has crossed the threshold of 217. peter: the vote is still underway. we had a handful of republicans holding back it appears to see how it would go but it appears john boehner has been reelected as the speaker of the house forr the 113th congress. he could afford with 233 republicans who could afford to lose 17 votes by our count, so far he lost nine which means he had at least eight votes, again they're still coming in but appears to show the bottom line is 217, more than 217 the majority of all members voting and it appears he has. melissa: thank you so much for that. lori: automakers reporting big sales numbers in the month of december. ford, gm and toyota hitting 52-week highs today. ihs director of automotive research on whether or not the auto industry would really turn around. shares of m
of the effort to abide by a new euro zone for a balanced budget. >>> back here at home. country's top diplomat is back on the job at least for a while. james rosen tells us secretary of state hillary clinton is off the disabled list to fill the remaining time. >> the selling presented her from a gift from all of us. she said, as you know, washington is contact sport. inside it was a football helmet with the state department seal and also a football jersey that said clinton on the back and on the front it says number 112 which symbolizes the number of countries she has visited as secretary of state. she loved it. she thought it was cool. being hillary clinton she wanted to get back to business. >> reporter: that meant ordering state department officials to get cracking on implementing all the recommendations for enhanced security that was proposed by the accountability review board that investigated the attacks in benghazi and clinton remains committed to testify about benghazi before she leaves office. >> she is prepared to do it at open session. >> at no point again this morning did we see an
in southeast on new euro's day. investigators say the men got on the bus in adams morgan. the women got on in anacostia and one of the men touched one of the women inappropriately. there was a fight. one woman was stabbed. another was hit in the head. >> serious crime is relatively rare where you have people who are injured. we do recognize that we are a part of the overall society in the washington d.c. area and crime does happen. so we are putting our resources in place to make sure we can limit these type of crimes from happening again. >> now, police don't believe the suspects and victims knew each other and are asking you to call them in you know who these guys are. you can get a closer look at these pictures on myfoxdc.com. as for the two women, they were treated and released from the hospital. >>> coming up next, a d.c. police officer draws attention to what he says is a problem with at least one of the city's speed cameras. >> meantime, speed cameras in other parts of our area are doing their job. that is according to some new numbers. we'll tell you all about it in just a momen
the rich, 75% on income over a million euros. according to polls, most citizens agreed with them. entrepreneurs have gone wild, saying this would further kill any innovative spirit here, driving an already estimated of wealthy or wannabe wealthy people to switzerland, london. >> the problem in france is it's not a fiscal cliff, but sort of like fiscal quicksand, because bit by bit the french are losing confidence. >> reporter: it would affect a few thousand, but shot down because it targets individual instead of household income. the while other taxes also rise. around europe you also keep running into american tax exiles, people who have given up their citizenship to protect their fortunes from taxes. that number has been rising, but you know where in the world has the highest tax rates currently? the island of aruba at nearly 60% for the highest earning individuals, and sweden at around 57%. back to you. >>> the town of concord, new hampshire is the first in the nation to ban plastic bottles. the measure has just taken effect with the start of this new years. it bans bottles 16
vowed by taxing the rich, 75% on income over a million euros. most citizens agreed with him in polls. entrepreneurs have gone wild saying this would further kill any innovative spirit here, deriving already out to switzerland, london -- >> the problem in france it's not a fiscal cliff, but fiscal quicksand, because bit by bit the french are losing confidence. >> reporter: the 75% tax would affect -- but it targets individual instead of household income. the government says it will find a way to enact it, while other taxes also rise. around europe you also key running into american tax exiles. that number has been rising. but you know where in the world has the highest income tax rates currently? the island of aruba at nearly 60% for its highest-earning individuals. sweden at around 57%. back to you. >> that 75% tax bracket is not expected to solve many of france's budget problems. in fact there are 65 million people in that country, and fewer than 25,000 of them even qualify for the high rate. >>> getting cold out there, doug. it is the coldest day so far this year. [ laughter ] >> i
will leave the euro zone or know despite all of the very elaborate fixes worked up to keep countries like greece from going completely under the problem of growth remains. and as long as europe is not growing then the fundamental economic problem here remains. the unemployment rate for the entire euro zone rose to a record high of 11.8% for november. that is up from 11.7% from october. but up from 10.6% a year ago. these are images of italians lining up to fill out forms for jobs. it's not uncommon to hear young italians say that they simply feel that the culture is skewed against them, not making way for them in this economy. prime minister mario monte passed legislation to make it easier for people tow start u to start up their own companies because youth unemployment is at 37%. some people are thinking better to make jobs for themselves than wait to be hired. spain has the word unemployment problem with a staggering rate of 26.6% for november, as unemployment rises you question how much longer governments can stick to their austerity programs. and the problem is with people losing jobs
identified as 26 euro francisco gutierrez. he is from honduras and worked in construction. >> san francisco police have released surveillance video of the man accused of robbing ain that killing her doll. >> off the video shows the suspect police are looking for--killing her dog. >> the video shows a suspect police are looking for. >> the woman pulled her car over and leavenworth street in the tenderloin with a man came up and demanded money. >> after given the man her money, but muger grabbed the dog and through into the oncoming traffic. >> the man grabbed the dog after i had given him money held proxy over his head and threw her into oncoming traffic. she was on her side screaming and crying. her right eye was falling out. >> the woman believes the man killed her dog she did not have them in out of monehe amount of money was looking for. >> said of the police have named a suspect in monday's shooting dead. >> they say luiz hernandez shot and killed 36 euro christopher soriano. >> the 26 euro suspect is under arrest. >> police say he shot the victim perhaps because he thought the man was
. scramp that. the dollar is stronger. it was weaker earlier. there you go, 31.62 is across to the euro. [ male announcer ] where do you turn for legal matters? at lelzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a
rate and if it defaults on its next round it's going to end up getting kicked out of the euro zone. why do you say we're on the path to greece? >> well, because the people in greece continue to reject any kind of real reform because they've been so long denying reality that they think they can do it forever. the americans are not that far from when we had a balanced budget. we're not that far from when we paid for what we consumed. but we've got to get back to it pretty soon because after 12 years you're beginning to build the generation of citizens and even more generation of politicians who think this can go on forever. >> greta: what do you think is going to happen with the debt ceiling? people didn't notice, but secretary geithner sent a letter to capitol hill we have hit the debt ceiling. he can now do some sort of maneuvering with the money so we at least have cash for about two months, but we're about to run out of cash and a big fight offer the debt ceiling. what's going to happen? >> first of all, tim geithner, bless his heart, he's a little disingenuous in one sense. >> greta:
euros on taxes. no one can shame me about how much taxes that i have been paying. i have certainly been done a lot for this count row and he outlines the people he employs that includes some vineyards and two restaurants and a number of other things. looking like he might accept that offer of russian nationality and leave the country. joe? >> jim bitterman in paris. thanks for that. a husband offers up a kidney so his wife would move up on the list to receive a kidney. cameras were following the real story on realtime. you will see the video, next. i can't imagine anything better. you're getting a ton of shrimp, and it tastes really good! [ male announcer ] hurry in to red lobster's 30 shrimp for just $11.99! choose any two of five savory shrimp selections, like mango jalapeÑo shrimp and parmesan crunch shrimp. two delicious shrimp selections on one plate! all with salad and unlimited cheddar bay biscuits. 30 shrimp, just $11.99 for a limited time. wow, that's a lot of shrimp. i'm ryon stewart, i'm the ultimate shrimp lover, and i sea food differently. >>> her parents were told she wou
. germany uses the troubled euro so some speculate that may be a gold backed the deutsche mark will make a come back. bring the gold home. obviously they are not touching that with a 10 foot pole. the germans are not saying anything about gold back to new deutsche marks. there is chairman nationalism. that a factor. some tabloids have asked whether all their gold really is still in america's for dollars. a german official came to see the gold was not admitted to the vault. maybe they're bringing it back to make sure they really do have it. here is my theory. the germans have had it with apologizing for world war ii, they have added with a southern europe's bill that had it with other people keeping their national treasure. they are taking back 325 tons from france as well. they want to grow up financially and they want everyone to know it and respect it. but then in the back of your mind can you really say gold is useless and has absolutely no place in today's financial system? can you say that? really? [ male announcer ] you are a business pro. executor of efficiency. you can spot an am
the u.s. dollar. the euro is strong. we're back after this. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalid and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. >> 22 minutes past the hour your fox news minute. u.s. drone strike skilling 13 pakistani today including a senior militant commander. he was reportedly killed when a missile hit the house he was in new the afghan border. the militant is responsible for focusing attacks on american forces in afghanistan. opposition leaders are demanding venezuelan president hugo
to break, let's take a look at the world currencies. the euro still hanging in there. the local >> @22 minutes past the hour, i have your fox news minute. defense secretary leon panetta met in london to discuss a hostage situation in algeria. he says terrorists will find no sanctuary caught refuge in algeria or anywhere. reporting about 100 of 132 foreign hostages have been freed from the bp gas plant. reuters announced that they are willing to trade two american hostages for -- meanwhile, the conflict in neighboring malley is echoing. the first 900 troops to help the army paddling al qaeda linked rebels. a top nigerian officer says they have been training islamic terrorists in nigeria. troops are also joining the anti-rebel operation. those are your headlines. dennis: thank you. it is time for your media minute. today, didn't lance make the sale? he went on oprah last night. he apologized for doping and lying about it for like 12 or 13 years. >> did you ever take banned substances to enhance your cycling performance? >> yes. >> yes or no, was one of those band substances epo? >> yes.
's socialist party are having second thoughts about the 75% tax on incomes over a million euros. joining us from washington, senior research fellow with the mercator center at george mason university. born and educated in paris, raised in normandy. welcome to the program. >> thank you for having me. stuart: we find it hard to believe french socialists are having second thoughts about a 75% tax which we thought they love the. are they missing gerard depardieu? >> i guess they are. we are not surprised that people are reacting so vibrantly to this punishing tax rate. i am always astounded that to realize lawmakers are actually surprised that taxpayers won't allow them to subject them to these punishing rates. stuart: i want to move to a second subject. i understand that the government in paris is actively moving against american corporations accusing them of non-payment for avoiding taxation. what are they doing and is that statement accurate? >> it is accurate but it is a typical french government response, reminds me of my 8-year-old, the dog ate my homework type of thing. this is a high ta
of the euro is not likely anymore, and that's clearly the case. i think draghi has done a terrific job. and number three getting through the leadership transition in china and further stimulation in china. all of those three things are more positive than they have been at any point in the last several years. >> in no doubt about it. in terms of europe. you have the election in italy, bonds due, interest on the bonds due in spain. do these represent hiccups do you think? >> i think they're just challenges or marks in the journey. look at what the progress has been in europe. the progress with the fiscal constraint in portugal, in ireland, in spain. the role monti has played in italy and the leadership he's given that country. the steadfastness of merkel in germany. the fiscal restraint in the uk. all of these are saying we get it collectively. we need to show restraint, but we need to restructure at a pace our societies can absorb so we're going to have a continued series of steps. there's no big bang answer. >> speaking of the u.s. for a moment, a number of banks are getting out of fix
trying to shift mortgage and credit card debt. look at the problems in the euro zone, in our own european neighborhood. i think we're doing the right things. i don't think anyone should start making foolish decisions -- statistical predictions about what's going to happen to something as unpredictable as the global economy. but we're doing the right reforms and implementing the right changes to ensure that healing process continues. >> we don't now make her own forecast. we've given it to the office for budget responsibly. they are forecasting growth this year, as our almost every other economic forecaster. that's what the forecasters say. it begs the question, what should the government be doing. it's vital that we provide a low interest rates the economy needs and does what our fiscal strategy is so important. but i've also point to what are the things that business organizations, the wealth creators have asked for? they want backing -- they want enterprise zones around the country. we've introduced it. they want a real export driver. we get behind exports. on every issue wealth careers
, with sovereign debt crises, with the euro zone. it was only at the very last possible minute that compromise was reached, that the big bargain was done. and if you look at the united states, even at a time of, a moment when really both sides needed to do more than the minimum, the markets will be saying they failed to do so. so, yes, they will be relieved, there won't be any immediate reaction, but the markets are certainly putting the politicians on notice that the budget mayhem can't continue. wolf? >> good notice. richard, thank you. >>> off an island in alaska right now, a crippled oil rig is running aground. it's carrying diesel fuel, oil, and hydraulic fluid, and the weather is working against recovery. we'll have an update. >>> an oil drilling barge is grounded off an island in southern alaska and a fares storm is hindering recovery efforts onboard. diesel fuel, lube oil, and hydraulic fuel. no leaks have been detected and teams are assembling to tackle any environmental damage. cnn's paul vercammon has an update. >> reporter: high winds and huge waves pounded the drilling rig off kod
. a euro zone crisis that seemingly has no end, and u.s. budget deficit crisis that seemingly has no end. so on this new year, ladies and gentlemen, in new york, just celebrate the fact that you are up 2% on the european markets. >> okay. richard quest. >> i'm celebrating the fact that nothing else this fiscal cliff, two of the best financial minds, richard quest and christine romans singing. >> dow futures up 200 points. >> you will be singing more later. >>> moving on to other news. secretary of state clinton and her health. that close call. doctors say the blood clot could have been fatal, caused a stroke or led to seizures or epilepsy. she's being treated with blood thinners, should make a full recovery. former president bill clinton and daughter chelsea scene visiting her yesterday. >>> students from sandy hook elementary school return to class tomorrow this is for the very first time since the horrendous massacre three weeks ago. but the children won't be back at sandy hook in that building itself. they will attend an empty elementary school a couple of miles away. newtown and how
chaotic place right now. you have a people associated with the arab spring. you have the euro crisis. you have a global recession. you have a rising china. it is a very a out of world right now. i'm not sure that it's going to be less -- it is a very chaotic world right now. i'm not sure that it's going to be less chaotic if we pull back, because bad actors will fill that power vacuum. host: james kitfield of the "national journal." caller: google james morris, r ussia today, you will see that it is a spinoff --sia russia today, you will see that it is as enough -- a spinoff. guest: they kind of backed the idea that assad just stay in power. israel likes the status quo. the arab spring totally reshuffles the strategic calculus for israel, especially with the peace treaty. the israelis are very nervous about a lot of the repercussions from the arab spring. are they pushing for this rebellion that gets rid of assad? not to my knowledge. it has been really focused on the shiite gulf countries like saudi arabia -- sunnis in the saudi arabia. saudi arabia, qatar, and others have been very wo
nation between our three components and general frank grass the chief of the national euro and i have with the same efforts toward communication between the air force and the national guard bureau. obviously the force structure is a mix between the active and reserve components of the air force is a contentious issue and has been for the last six to eight months clearly. it continues to be. i characterize her court nation with the group i just mentioned as energetic and improving. but we are absolutely committed. everybody in the group i just mention is committed to ensuring that in the future when we come forthwith force structure mixed recommendations to the secretary, the secretary of defense and the president congress that we speak with one voice. we will do everything we can to get there. the first memory i have of my grandfathers him pulling up in front of our house in his 53 chevy convertible. the reason why, it was this week are. if we were at my not we could take you to the flight line and i could show you a bunch of sweet d50 to zen in 20208 woman delivered the last casey 46
. >> shheard case won worldwide recognition for the struggle a woman's right to pakistan. >> the 50 euro made the short list for time magazine's person of the year. and now the girl's father is been given a diplomatic post in the uk. >> the position was an initial three-year commitment virtually guarantees malal will remain in the uk. >> federal agents at many large child poprn bus orn bust involving more the one to 20 children. >> the u.s. immigration and customs anenforcement >> the u.s. immigration and customs anenforcement known as ice >> the u.s. immigration and customs anenforcement known as ice (woman) 3 days of walking to give a break cancer survivor a lifetime-- that's definitely a fair trade. it was such a beautiful experience. (jessica lee) ♪ and it's beautiful (woman) why walk 60 miles in the boldest breast cancer event in history? because your efforts help komen serve millions of women and men facing breast cancer every year. visit the3day.org to register or to request more information and receive a free 3-day bracelet today. it was 3 days of pure joy. ♪ and it's beautiful >>
are waiting for vice- president joe biden and joe biden and the salute to euros ball. while we wait for vice president biden, we will take you back to the west front early today and the oval office for president obama. >> please raise your right hand and repeat after me. i do solemnly swear that i will faithfully execute the office of the president of the united states. and will, to the best of my ability, preserve, protect, and defend the constitution of the united states so help you got it. congratulations, mr. president. ♪ >> president obama from early today, the of the office said minister yesterday on the twentieth as mandated by the constitution. in just a couple of ads, we expect to hear from vice- president joe biden. it is the first of a couple of stops for the vice president. president obama will have a couple of stocks this evening. the commander-in-chief and the inaugural ball over at the washington d.c. convention center which is in nearby washington. we shall use wearing in from the president this morning. all of this is available at the video library at c-span.org. >> ladies
is the country, remember, that started all of these euro headaches and there's more problems here in january. mass transit strike now in its 8th day. subways, buses, snarling traffic in athens and elsewhere. the workers are protesting salary cuts which have been put in place by the government, again part of austerity moves there. the government today stepping in, branding the strikes illegal and threatening to throw those workers into jail. that is causing more problems with the unions. greece, too, martha, is showing some gains. they're reducing their deficit but again, with more problems. as well, a desperate economic situation in greece. it's got people organizing, bartering systems because they have no more cash. and it is driving extremists to more violence. just in the past week, a shopping mall in athens hit by a many toing. another year, martha. martha: rough stuff. greg, thank you. bill: changing of the guard only moments away from a senate confirmation hearing for senator john kerry, the man expected to be our next secretary of state. we're live in washington. guess who will be in
a million euros. according to polls, most citizens agreed with this. entrepreneurs have gone wild, saying this would further kill any innovative spirit here and driving already an estimated thousands of wealthy or wanna-be wealthy people out to switzerland, london, including gerard -- the french film icon who starred in "green card" is now bidding adieu to france for belgium which doesn't have a movie theater but is full of tax exiled millionaires. the government has said it unpatriotic, but he equally slammed them, causing an uproar here. >> the problem is france is not a fiscal cliff. it's sort of like fiscal quicksa quicksand. bit by bit, the french are losing confidence. instead of doing what we do in the united states or what they do in britain which is to say you want to work hard, you want to make money, you will be rewarded. >> reporter: it would affect a few thousand people but was shot down because it targets individual instead of household income. the government said it will find a way to enact it in some form this year while other taxes also rise. today in france, the rich are
of people killed by firearms is extraordinary compared to other nations. euroing we're i don't think we're a blood thirsty culture and we need to look at everything we can do to safe guard our people. >> i appreciate your honesty on this. let me quickly ask you, the "rolling stone" article kind of exploded on our show that morning it broke and led to a fairly quick departure. do you feel misunderstood about parts of those -- the repo reporting -- and is there anything you would change looking back? >> first, i would tell you, as a commander, i take responsibility for what happened. when i came back to offer my resignation to president obama, that's exactly what i told him, i take responsibility, because that's what commanders do, and move on. i think that the media controversy that arose around that, i actually believe that it may not be entirely accurate, but the commander in chief who i worked for was my commander in chief and still my commander in chief. i owe him not to put such things on his desk, not to have him face controversies. whether it's my fault or not, it's my responsibil
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